HDFC Mutual Fund has launched NIFTY500 Multicap 50:25:25 Index Fund which was opened for subscription on August 6 and will remain open till August 20. There are options of regular and direct plans with each plan offering growth options only. This index comprises all companies that are part of Nifty500 index with allocations to large cap, mid … Read more
Known for his aggressive investments directly in stocks and small- and mid-cap mutual funds, Kumar is now seeking a more balanced and goal-oriented portfolio. “During the pandemic, my stock portfolio took a significant hit, and some of the stocks never fully recovered. I don’t want to face such a situation again as I work towards … Read more
Before opening a fixed deposit (FD) with a bank, depositors tend to compare the interest rates offered by a bank with those of other banks. Typically, banks offer higher rates of interest on long term deposits. This means longer the duration, higher the rate of interest. Conversely, shorter the duration, lower the rate of interest. … Read more
The Reserve Bank of India (RBI) recently instructed banks and credit information companies (CICs) to update the credit information they collect at shorter intervals, i.e. once a fortnight rather than once a month. The instructions were issued on Thursday via a notification after the monetary policy statement by RBI Governor Shaktikanta Das. The central bank … Read more
As a prominent player in the Indian luggage industry with over five decades of experience, VIP Industries is currently navigating challenging times due to increasing competition despite the rising demand for luggage products. The Indian luggage market has seen consistent growth in recent years, driven by factors such as increased domestic and international travel, higher … Read more
The Indian stock market has a history of both significant peaks and subsequent corrections; be it the Dot-Com Bubble and the subsequent crash, or the global financial crisis of 2008. Market trends are clearly influenced by both domestic and international events, and investor sentiment and behaviour are critical components of these market cycles. Market volatility … Read more
After experiencing three consecutive sessions of losses, Indian markets saw a rise of around one percent on Wednesday. This recovery was driven by a broad-based rally supported by positive global cues and the government’s proposal to restore indexation benefits on property sales, which boosted investor sentiment. Additionally, markets are keenly awaiting the Reserve Bank of … Read more
The Union budget for 2024-25 has proposed several changes in the capital gains tax structure, some of which are surprising moves that the mutual fund industry and the wider market community were not prepared for. One of the most significant was the hike in long-term capital gains tax from 10% to 12.5%. The budget’s proposal … Read more
Global brokerage firm Nomura has increased its target price for Zomato to ₹280 from ₹225 while maintaining a ‘buy’ recommendation. This new target suggests a potential upside of over 9 percent. This comes after strong quarterly results for Q1FY25. Nomura highlighted Zomato’s significant growth potential and improving profitability in both its food delivery (FD) and … Read more
Whether you are an early investor or a veteran, learning the basics of investing requires a long practice, failures, disappointments and success as well. Else, you can learn these from someone who has been there, and done that. They say that an average person learns from his mistakes, whereas a wise person learns from other’s … Read more